BHAKTIVEDANTA ARCHIVES

EIN: 954306537 501(c)(3) Education

SANDY RIDGE, NC

Total Revenue
$113,922
Total Expenses
$113,503
Total Assets
$240,047
Net Assets
$240,047
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NC
Principal Officer
EDDY GAASBEEK
Phone
3368713636
Tax Period
2024-01-01 to 2024-12-31

BHAKTIVEDANTA ARCHIVES, founded in 1978, is a small nonprofit in the Education sector that reported $114K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Net assets of $240K represent 25 months of operating reserves.

Mission

The main purposes of the Bhaktivedanta Archives are the preservation and dissemination of the teachings of the Krishna consciousness religion as espoused by its founder and preceptor,

Program Service Accomplishments

Program 1
Expenses: $90,841 Revenue: $113,922

Audio/VedaBase department Two new audio files were found. I mastered them into WAV and MP3 files. I also found one previously missing section of audio. Proofreading and fidelity checking of new...

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Audio/VedaBase department Two new audio files were found. I mastered them into WAV and MP3 files. I also found one previously missing section of audio. Proofreading and fidelity checking of new VedaBase 2025 and VaniBase 2025 Photo Accomplishments Continued to oversee the building and commissioning of the Photo Freezer/Cooler Vault. Documents Scanned 1976 and 1977 correspondence to TIFF files and JPEG. Finished scanning Light of the Bhagwat into TIFF and JPEG Seven new original letters from donors were added, conserved, and preserved to the collection. Misc. Traveled to India to oversee the new Srila Prabhupada Museum in Mayapur, West Bengal. Then, I went to Vrindavan in Uttar Pradesh to sign off on work for their museum. 2024 Photo Division Accomplishments 73 orders completed continue work for preparation of film for the Photo Vault 1. CN - complete 2. BN - working 3. CS - working 4. 35mm preparation and reference - strategy complete including how to integrate NTs collection - starting 1. Deity - working 5. 35mm ISKCON BW - working (this is a long project) 6. 35mm slide Prabhupada - working (this is a long project) 7. 4x5 collections - working 1. Parampara complete 2. Deity - working 3. SP art - working Ny blue lotus vyasasans 73? Video dated

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $112,984
Program Service Revenue $938
Investment Income $0
Other Revenue $0
TOTAL REVENUE $113,922

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,741
Fundraising Expenses $0
Program Expenses $90,841
Other Expenses $69,762
TOTAL EXPENSES $113,503

Year-over-Year Comparison

2024 2023 Change
Revenue $113,922 $138,918 -0.2%
Expenses $113,503 $103,149 +0.1%
Net Income $419 $35,769 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDDY GAASBEEK PRESIDENT 20.00
Officer
$0 $0 $0
PAUL TOMBLESON VICE PRESIDENT 20.00
Officer
$0 $0 $0
EDDY GAASBEEK TREASURER 20.00
Officer
$0 $0 $0
JENNIFER L DAVIS GAASBEEK SECRETARY 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $113,922 $113,503 $240,047 $419
2023 $138,918 $103,149 $239,628 $35,769
2022 $94,002 $102,203 $216,736 $-8,201
2021 $198,709 $110,146 $226,247 $88,563
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